From Soldier To Emperor
Chapter 197: The currency reforms that had to be carried out
However, thousands of auxiliary troops like Zhao Li have already taken the position of a middle-level officer. Weapons and equipment are absolutely indispensable, so naturally there will be a surplus of Tang coins.
are like the little soldiers of the auxiliary army commander and below, all of them are so poor that they don’t even have a few coppers, let alone Tang coins!
This is also the reason why Genevieve did not sense the fluctuation of magical power when he followed Richard to patrol the camp.
After seeing Genevieve picking up Tang coins, Richard's eyes lit up and suddenly remembered the introduction about Tang coins.
Tang coins are the national currency produced in large quantities by Taoist national teachers enshrined in the Tang Dynasty. It is said that for anti-counterfeiting, the unique atmosphere of Taoist magic is placed on it, making Tang coins basically impossible to be copied.
Because of this, the main body of the Tang coin is made of iron, copper, and silver, of which the iron content accounts for more than half, but it still has a very high value!
In Datang, iron is a very cheap metal, at least relatively cheap compared to currency, so the cost of making Tang coins is very low, because the Taoist "anti-counterfeiting" mark on the above makes its own value very high, so that the Tang court can obtain it. Rich seigniorage.
Every time a Tang coin is released, the Datang court can get a profit. Only the official Datang company can cast this thing!
Therefore, the Tang Dynasty court issued a large number of Tang coins and obtained a huge private wealth. Tang coins were different from preservation and exquisite patterns, especially the properties that could not be imitated and easily destroyed, which made this currency popular in the Tang Dynasty soon. Since then, even the remote Western Regions have abundant circulation.
Even the value of Tang coins has reached the same level as the precious metal silver!
Had it not been for the Tang Dynasty court to not want the excessive depreciation of the Tang currency, the Tang currency would have been completely flooded long ago.
Under Richard’s expectant gaze, Genevieve, who was holding a Tang coin in his hand, couldn’t help sighing: “This magic modeling is really amazing. The magician who made this little thing is definitely better than mine in terms of magic. Much higher!"
After hearing this, Richard asked with a puzzled look: "Is magic a science?"
Genevieve solemnly nodded his head: "Except for natural magical creatures and our vampires, which rely on blood inheritance, magical creatures, if you want to mobilize and utilize the magical energy in nature, you must learn and explore systematically. That's all right.
Because of this, any human magician is a knowledgeable scholar. Of course, compared to ordinary scholars, human magicians specialize in the principles and knowledge of magic.
In fact, in the study of magic principles, humans and elves are the most distant races to explore. Elves are because they have a high affinity for magic, and humans are amazing because of their talent for learning!
In the old world, there is a truth that is recognized by all races-human beings are the race with the strongest learning talent. If it were not for the short life of human beings, perhaps the human race has already climbed to the other side of the truth!
That is the realm that the gods can only touch!
It's a pity that after becoming a vampire, our learning talent was destroyed. Although we look no different from humans, we and humans are already two races. "
Genevieve explained, seemingly feeling.
"It turns out that the magic power in Genevieve's mouth is what the Buddhist and Taoist families said..."
After listening to Genevieve’s dictation, Richard has already understood what the so-called magic power is.
At the realm of Richard, I naturally know the principle of the production of Tang coins. This is the currency that Taoists can consume a little spiritual power and cheap metals.
Because of the Taoist spells that are permanently solidified and can automatically absorb free spiritual power factors from the air, the Tang coins are made very hard and very difficult to be destroyed!
Tang coins are waterproof, fireproof, and smash-proof. Destroying a Tang coin will cost a lot of money. This is the guarantee for Tang coins to travel across the East Asian continent!
However, if there are experts from both Buddhism and Taoism, they can easily crack the Taoist spells on the Tang coins and turn the Tang coins into ordinary metal soil.
With a soft ding sound, Genevieve stretched out his other hand and flicked the Tang coins pinched between the index finger and thumb. Then, in the eyes of Richard, the extremely hard Tang coins were like self-decomposing. It is metal mud scattered on the ground.
Genevieve looked at the Tang coins dissipating between his fingers, frowning his eyebrows slightly and said: "The magic is too little, if it weren't for me to concentrate all my psychology, I wouldn't even notice the increase in magic..."
Genevieve turned his head and looked at the remaining dozens of Tang coins, and said to Richard: "Master, if I want to effectively restore my magic shortfall, I need at least ten thousand yuan of this kind of metal currency.
But I explained in advance that once I absorb the magic power in Tang coins, Tang coins will turn into a pile of metal soil and become useless slag.
Perhaps, the owner can let people smelt and purify the metal slag, and it should be possible to smelt some iron nuggets with many impurities. "
After hearing this, Richard became sluggish, frowning and asked: "How many Tang coins do you need to recover all the magic power?"
"I can't estimate the exact amount, so let's prepare 100,000 Tang coins and take a look.
The magic power stored on this Tang coin is really too little. "
Ten... 100,000 pieces, just try it?
Richard felt that he needed to carry out some currency reforms to recover Tang coins.
According to Genevieve's consumption, just to satisfy her once full of magic, the Tang coins circulating on the market in the Western Regions will appear deflationary!
Currency reform Richard has already planned, but because he has been fighting, the currency reform has always stayed on paper.
The impact and losses of currency reform on the market are visible to the naked eye, and a stable and peaceful environment is needed to advance without sequelae.
The reasons for currency reform are also readily available. Since the Western Regions are not under the control of Datang, how can they continue to use Tang coins?
It’s not hard to find a metal currency that replaces Tang coins~www.wuxiaspot.com~ The lowest-level copper plate Richard will not reform. The market value of that thing is very low and only civilians can use it.
What Richard intends to use to replace Tang coins is the gold and silver backup system.
Originally, Richard wanted to use the silver standard or the gold standard. A single metal currency has great advantages in terms of settlement and market currency stability.
However, the reserves of gold and silver precious metals in the Western Regions are too low, or the mined reserves are too low...
If you want to use it as currency, you need at least a certain amount. Silver alone is not enough. The same is true for rarer gold. Therefore, you can only use the gold and silver backup standard system.
Later Ming and Qing can use silver as currency, mainly because a large amount of silver poured into the foreign trade surplus, so that silver has sufficient amount to become the monetary base.
As for paper money, Richard couldn't even think about it. It is impossible for ordinary people and rich people in this era to accept a piece of paper as currency!
You'll Also Like
-
Pirates: Many children bring blessings, and the offspring will shake the sea
Chapter 313 32 minute ago -
Genshin Impact: I was robbed at the beginning and I hated being ranked third!
Chapter 334 33 minute ago -
I am in Ultra: I become stronger when I break other people's defenses
Chapter 322 33 minute ago -
Socially anxious kid and top-tier brother became popular after appearing on variety show
Chapter 204 33 minute ago -
Siheyuan: A Cook in the 60s
Chapter 481 33 minute ago -
Siheyuan: Tanjia Cuisine He Daqing, destroying Yi Zhonghai
Chapter 874 33 minute ago -
Siheyuan: I decide the fate of the world with my medical skills
Chapter 344 33 minute ago -
Genshin Impact: A Martial Arts Master's Journey to Teyvat
Chapter 189 33 minute ago -
Siheyuan: Xu Damao, I want to go to the moon
Chapter 399 33 minute ago -
What if I haven't seen Siheyuan?
Chapter 262 33 minute ago